<div dir="ltr"> debit credit total-------------------------------------------- 0 110603.71 USD 110603.71 USD Equity:Net-Assets:Restricted 19033.96 USD 0 -19033.96 USD Expenses 288.43 USD 0 -288.43 USD Bank-Fees 18545.53 USD 0 -18545.53 USD IT 28.40 USD 0 -28.40 USD Domains 17182.38 USD 0 -17182.38 USD Hosting 1334.75 USD 0 -1334.75 USD Services 200.00 USD 0 -200.00 USD Software-Development 3867.83 USD 77357.16 USD 73489.33 USD Income 0 0.51 USD 0.51 USD Currency-Exchange 3867.83 USD 77356.65 USD 73488.82 USD Donations-------------------------------------------- 22901.79 USD 187960.87 USD 165059.08 USD <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">== Treasurer’s Report for Fiscal Year 2021 == <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">The bylaws of the X.Org Foundation provide a duty of the Treasurer to produce an annual financial report, approved by the Board, within 60 days of the end of the fiscal year. The fiscal year is defined as ending on the 31st day of December in each year. <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">Obviously, this is long after that date. Better than 2020 (sent last December), but still not good enough. My plan for 2022 if we don't have our records on time again is to send an interim report in 60 days and a full report following that once we have the full information for the year. <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">== Financial Records == <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">X.Org now relies on the reports provided by SPI for tracking our finances, with only the coarse tracking of issues requiring treasurer attention as backup. <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">This means much less work for the treasurer, and this report is out much sooner than it would have been otherwise. However, it also means we’re at the mercy of the SPI treasurer’s availability for knowing our status. They were a little late this year due to the same big internal rework from cash to accruals basis that delayed our 2020 report. They are now caught up (<a href="https://www.spi-inc.org/treasurer/reports/" style="text-decoration:none"><span style="font-size:11pt;font-family:Arial;color:rgb(17,85,204);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:underline;vertical-align:baseline;white-space:pre-wrap">https://www.spi-inc.org/treasurer/reports/</a><span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">). <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">It also means that our report this year is accruals basis – one of the XDC 2021 sponsorships has not actually come in yet, but is still tracked as a credit. <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">== Cloud hosting == <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">Our cloud hosting costs have now stabilized at around $1200/month, after a big lift by <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"><a href="http://freedesktop.org">freedesktop.org</a> sysadmins (Benjamin Tissoires and Daniel Stone, particularly) early in the year to move most services from GCE to Equinix. At this point the cost is easily sustainable, as long as we continue to have the Equinix sponsorship. <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">== XDC == <span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">XDC 2021 was again virtual, with low operating costs. We had a similar level of conference sponsorship to 2020, meaning that our finances have once again improved, leaving us in a good state for any future risks. With XDC moving back to in-person in 2022, we expect our XDC costs to go up in the future, but remain within the amount that sponsorship is bringing in. </div>